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There is always this argument of which one is better: owning or renting a house. Both have different pros and cons depending

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

on your situation. Most people rent a house because they cannot afford to purchase one. Others felt renting is better because

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

they can get a better rate of return if they invest their money in stocks. In the long run, owning is always more beneficial

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

han renting because of the following reasons:

Fulfilling the American Dream
Home ownership has always

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

een one of the American dreams. You will experience a sense of pride knowing that you own a piece of America; seeing your nam

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

on the TITLE of the house.

Income tax shelter
When you take out a mortgage to purchase a house, the i

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

terest and property tax are deductible. Moreover, you’ll be able to deduct other personal expenses that are otherwise not ded

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

ctible if the total does not exceed the standard deduction. Examples of these deductions are charitable contributions, theft/

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

asualty losses, gambling losses, state income tax, medical expenses, car registration fees and other miscellaneous deductions

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

Another tax advantage of homeownership is that capital gains are not taxed (subject to the IRS exemption rule) when the own

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

r sells it. The exemption rule is that married homeowners who live at least two years in the last five years from the date th

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

house is sold can receive up to $500,000 ($250,000 for single taxpayers) of tax-free capital gains.

Builds equity <

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

strong>
Most people say that real estate is a hedge against inflation because when there is one, just like what happened

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

in the last few years, the value of the house increases but the payment stays the same (assuming that you have a fixed rate m

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

rtgage). For instance, a three bedroom house in 1995 cost only $200,000 with a monthly payment of $1,600. Twelve years later,

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

the value of the house increased to an estimated price of $500,000 but the monthly payment is still at $1,600. Guess how much

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

is the market rent right now for a three bedroom house or apartment? The homeowner generated equity of $300,000. One way to t

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ke advantage of the increase in equity is by borrowing against it and using the proceeds to pay-off higher interest credit ca

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

ds or auto loans. You can also use the proceeds for any home improvement projects. In addition, the interest on the home equi

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

y loans is tax deductible. Compare that to the non-deductible interest that you are paying on the credit cards and auto loans

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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